UK house prices leap by £17k on average in just one year - and the East and South East of England see the biggest gains

A typical property in Britain added £3,000 of value in August despite worries over the potential impact of the EU referendum vote, data from the Office for National Statistics shows this morning.
The value of the average home now sits at £219,000, £17,000 more than the same month last year with annual price inflation rising to 8.4 per cent, a nudge higher than the rate recorded in July.
The graph below shows how prices have soared since 2013, when the typical UK property value sat closer to the £170,000 mark.
A number of experts and think tanks predicted prices would tumble in the aftermath... read more

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